GreenOak’s Sonny Kalsi and Sun Life’s Dean Connor (Credit: University of Pennsylvania and Western University) Two major investors in New York’s real estate market are joining forces. Insurance and asset management company Sun Life ...
Sidney Kimmel and 50 Central Park South (Credit: Getty Images and Corcoran) A full-floor penthouse at the Ritz-Carlton Residences just hit the market asking $39.5 million. The sellers are billionaire Sidney Kimmel, who’s produced ...
(Credit: iStock) Walk along the Venice Beach Boardwalk and you’ll smell a pungent aroma of marijuana wafting through the ocean breeze. Now multiply that by thousands of acres, and you’ll get a sense of what it’s like to live near a ...
Jordan Goodman (Credit: iStock) UPDATED Dec. 19, 2018, at 5:39 p.m.: The fallout continues from former luxury home developer Woodbridge Group of Properties’ alleged fraud scheme. On Wednesday, the Securities and Exchange Commission ...
Masayoshi Son (Credit: Getty Images) It’s a rare occurrence, but SoftBank’s investors said no. In this case, it was a majority takeover of WeWork for $16 billion that would have been a step too far. The potential deal, championed by ...
Chair of the Federal Reserve Jerome Powell (Credit: Getty Images and iStock) The Federal Reserve raised rates on Wednesday for the fourth time this year, citing a strengthening labor market and strong economic activity. The Fed raised ...
Bed Bath & Beyond CEO Steven Temares and 11801 West Olympic Boulevard (Credit: Google Maps and Home Furnishing News) A Sawtelle property that once housed sports equipment could soon be filled with something a bit less sporty — ...
From left: 5959 Randolph Street, A rendering of the Torrance project, and 5300 Sheila Street Los Angeles’ industrial market has been booming in 2018. Strong demand pushed leasing and purchase prices to record highs, particularly in ...
(Credit: iStock) Real estate investment trusts will likely outperform the stock market this year for the first time since 2015, thanks to investors seeking out high-yielding property stocks. Although much of the stock market has been ...
Elon Musk (Credit: Getty Images and iStock) It’s been two short years since Elon Musk famously tweeted that he was going to “just start digging” in Los Angeles to avoid the gut-wrenching traffic. While the social media network hasn’t ...